Trucking Business News

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Government, Business, Technology

Public EV Chargers Set to Surpass Gas Stations in Eight Years

America’s EV charger deserts continued to vanish in the second quarter, as a motley array of networks switched on 704 new, public fast-charging stations, an increase of 9% in three months,

July 18, 2024
Government, Business, Safety, Logistics

Global Shipping Strains Spark Fears of an Inflation Comeback

Merchandise trade is withstanding its first post-pandemic shock, with no noticeable flareup of global consumer prices. But that’s not guaranteed to last if snarls prove long-lasting.

July 18, 2024
Business, Logistics, Private, Global Freight

Amazon Prime Day Drives Online Sales Up 11% to $14.2 Billion

U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.

July 18, 2024
Business, Equipment

Ford Commits $3 Billion to Boost Truck Output After EV Delay

Ford will invest $3 billion to build its profitable Super Duty F-Series pickup truck at a plant in Ontario, shifting focus at the site after previously delaying plans for an electric SUV.

July 18, 2024
Government, Business, Logistics

Port of L.A. Container Volumes Up 14% on Strong Trade Activity

West Coast ports are closing out the first half of 2024 with strong trade volumes, boosted by an early peak season, solid consumer spending and threats of strikes at East and Gulf Coast ports.

July 17, 2024
Business, Equipment

Daimler Truck Takes Chinese JV Write-Down, Cites Weak Sales

Daimler Truck will take a writedown on the value of its Chinese joint venture due to a persistently weak market in Asia’s largest economy, the German truck manufacturer said July 16.

July 17, 2024
Business, Equipment

June Medium-Duty Sales Decline 9% Year-Over-Year

U.S. retail sales for medium-duty trucks declined year-over-year in June, according to data from Wards Intelligence.

July 17, 2024
Business, Technology, Equipment, Fuel, TCA

Alternative Powertrain Might Unlock US EV Market

An alternative vehicle powertrain called an EREV that’s booming in China might hold the answer to encouraging Americans to adopt electric cars and trucks.

July 17, 2024
Government, Business, Logistics, Global Freight, TCA

Port of Baltimore Terminal to Have $1.54B Impact, Study Finds

The planned Sparrows Point terminal is expected to transform Maryland’s economy over a decade, generating more than 8,000  jobs and adding $1.54 billion a year in economic impact.

July 17, 2024
Government, Business, Safety

NHTSA Denies Petition for Rear Underride Guard Improvements

NHTSA has denied a petition from four individuals asking it to further toughen existing U.S. rear underride guard requirements to a level beyond the strict levels in place in Canada.

July 17, 2024